Azure Blockchain Service

2019: Announcement

At the beginning of May, 2019 Microsoft provided a number of new services and technologies of a cloud platform Azure for developers, including the solution for creation a blockchain networks. The company shared these announcements in the run-up to the large annual Microsoft Build 2019 conference which will take place from May 6 to May 8, 2019.

The cloud service of Azure Blockchain Service simplifies creation, support and management a solutions blockchain with the different participants united in a single network (consortium). The announcement became logical continuation of Azure Blockchain Workbench provided in 2018 – the interface for modeling of blockchains-applications in previously configured network with Azure support. In November, 2018 developers got access to Azure Blockchain Developer Kit which expanded possibilities of Blockchain Workbench and focused on data integration and systems and deployment of intellectual contracts and a blockchain networks.

Microsoft provided a cloud for creation a blockchain networks

As reported in Microsoft, the solution Azure Blockchain Service will allow the companies to focus on workflows and application development. Azure Blockchain Service provides completely managed solutions for consortia and has the built-in functionality for implementation of the main objectives on management of them, such as adding of new participants, management of access rights and authentication of user applications.

Azure Blockchain Service is started in a print preview mode, but the financial holding J. P. Morgan Chase can already test service using the Quorum blockchain platform based on Ethereum. Azure Blockchain Service will provide to clients of Microsoft and J. P. Morgan an opportunity to unroll and manage scaled a blockchain networks in a cloud. Besides, the company Microsoft actively uses a blockchain for tracking of a supply chain.^[1]

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